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Digital Transformation Archives - BAYPM | Low Code| Mendix | OutSystems

Sep 11
0

Successful Digital Transformation: A Blueprint for Modern Businesses

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In today’s rapidly evolving business landscape, digital transformation has become a buzzword that permeates boardrooms and strategy meetings. However, achieving successful digital transformation is more than just implementing the latest technologies; it is a strategic journey that redefines an organization’s culture, processes, and operations. This essay explores the concept of successful digital transformation, its key components, and the factors that contribute to its achievement.

Defining Successful Digital Transformation

Successful digital transformation can be defined as the strategic use of digital technologies to fundamentally change how an organization operates, delivers value to its customers, and remains competitive in a digital age. It goes beyond mere digitization or the adoption of new tools; it requires a holistic approach that integrates technology, people, processes, and a customer-centric mindset.

Key Components of Successful Digital Transformation

  1. Clear Vision and Strategy: Successful digital transformation starts with a clear vision and well-defined strategic objectives. Organizations must have a deep understanding of their market, customers, and competitive landscape. This understanding serves as the foundation for crafting a digital transformation strategy that aligns with business goals and values.
  2. Customer-Centric Approach: Customer-centricity is at the core of successful digital transformation. Organizations need to prioritize enhancing the customer experience, which often involves personalized services, seamless interactions across channels, and quick problem-solving. Collecting and analyzing customer data is crucial for making informed decisions in this regard.
  3. Agility and Innovation: Digital transformation demands agility and a culture of continuous innovation. Successful organizations encourage experimentation, adapt to changing market conditions, and rapidly iterate on their digital solutions. They also foster a culture that embraces failure as a stepping stone to success.
  4. Integration of Technology: The adoption of cutting-edge technologies like artificial intelligence, machine learning, data analytics, and cloud computing is a vital component of digital transformation. These technologies can streamline processes, automate tasks, and provide valuable insights to inform decision-making.
  5. Data-Driven Decision Making: Successful digital transformation relies heavily on data-driven decision-making. Organizations need to gather and analyze data from various sources to gain insights into their operations, customer behavior, and market trends. Data-driven decisions enable proactive adjustments to strategies and processes.
  6. Change Management: The human element is often the most challenging aspect of digital transformation. Effective change management involves engaging and empowering employees to embrace new technologies and ways of working. Communication, training, and support are essential components of this process.
  7. Cybersecurity and Data Privacy: As organizations digitize their operations, they must also prioritize cybersecurity and data privacy. Protecting sensitive data and ensuring compliance with relevant regulations are crucial to maintaining trust with customers and stakeholders.

Factors Contributing to Successful Digital Transformation

  1. Strong Leadership: Leadership plays a pivotal role in guiding and championing digital transformation efforts. Leaders must be committed to the transformation journey, set the tone for organizational culture change, and provide the necessary resources and support.
  2. Cross-Functional Collaboration: Successful digital transformation requires collaboration across different departments and teams within an organization. Breaking down silos and fostering cross-functional cooperation is vital to achieving seamless digital integration.
  3. Measuring and Monitoring Progress: Establishing key performance indicators (KPIs) and regularly measuring and monitoring progress is essential. This enables organizations to track the impact of their digital initiatives, make data-driven adjustments, and ensure they are on the right path.
  4. Continuous Learning: The digital landscape is continually evolving. Organizations committed to successful digital transformation invest in continuous learning and stay abreast of emerging technologies and trends to remain competitive.

In conclusion, successful digital transformation is a multifaceted journey that goes beyond technology adoption. It involves a strategic shift in how organizations operate, engage with customers, and remain competitive. Key components, such as clear vision, customer-centricity, agility, and data-driven decision-making, are fundamental to achieving success. Additionally, strong leadership, collaboration, measurement, and a commitment to continuous learning are crucial factors that contribute to the realization of successful digital transformation. Embracing this transformative journey is essential for organizations seeking to thrive in the digital age.

Aug 11
0

Mendix: Revolutionizing Business Efficiency through Low-Code Development

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In the rapidly evolving landscape of modern businesses, the demand for efficient and agile software development has become paramount. Traditional software development methods often require substantial time, resources, and technical expertise, hindering innovation and adaptability. This is where low-code platforms like Mendix step in, offering an effective solution to bridge the gap between business needs and technology. Mendix empowers businesses by enabling them to create sophisticated applications with reduced complexity, faster time-to-market, and increased collaboration between business and IT teams. This essay delves into the reasons why Mendix stands out as an exceptional low-code platform for businesses, providing a comprehensive overview of its benefits and contributions to organizational growth.

Faster Time-to-Market

One of the most compelling advantages of Mendix as a low-code platform is its ability to accelerate the software development lifecycle. Traditional coding requires a significant investment of time and effort to write, test, and deploy applications. Mendix streamlines this process by providing a visual development environment where users can drag-and-drop pre-built components, reducing the need for intricate coding. This results in a dramatic reduction in development time, enabling businesses to launch new applications and features in a matter of weeks rather than months. By expediting time-to-market, Mendix empowers businesses to stay ahead of competitors and respond swiftly to changing market demands.

Ease of Use and Accessibility

Mendix’s intuitive visual interface caters to a broader audience, including business analysts and domain experts, who might not have extensive coding experience. This democratization of application development fosters collaboration between various departments, allowing subject-matter experts to actively contribute to the development process. Business and IT teams can work together seamlessly, ensuring that applications are aligned with business goals and requirements. This accessibility also reduces the burden on IT departments, enabling them to focus on more complex tasks while empowering non-technical users to create and iterate on applications independently.

Reduced Technical Complexity

Low-code platforms like Mendix abstract much of the technical complexity inherent in traditional software development. Complex coding languages and architectural decisions are hidden behind user-friendly interfaces and pre-built components. This approach not only accelerates development but also minimizes the risk of errors that could arise from manual coding. Mendix’s use of visual models allows developers to focus on solving business problems rather than wrestling with intricate technical details. This shift in focus enhances efficiency and ensures that the resulting applications are robust, reliable, and aligned with the business’s needs.

Scalability and Flexibility

Contrary to misconceptions about low-code platforms being limited in scope, Mendix offers considerable scalability and flexibility. It caters to a wide range of application types, from simple departmental tools to complex enterprise-level solutions. Mendix’s architecture allows for the integration of custom code and third-party APIs, providing the necessary flexibility to meet unique business requirements. As businesses grow, Mendix applications can seamlessly scale to accommodate increased workloads, ensuring that the technology can evolve in tandem with organizational needs.

Empowering Innovation

Mendix fosters a culture of innovation within organizations by enabling rapid prototyping and iterative development. With the ability to quickly create functional prototypes, businesses can gather feedback from stakeholders and end-users early in the development process. This iterative approach leads to the creation of applications that better meet user needs and expectations. Moreover, the platform’s support for continuous delivery and integration ensures that updates and improvements can be rolled out seamlessly, allowing businesses to adapt to changing market dynamics swiftly.

Mendix’s effectiveness as a low-code platform for businesses lies in its ability to bridge the gap between technology and business requirements. By offering a faster time-to-market, ease of use, reduced technical complexity, scalability, flexibility, and a culture of innovation, Mendix empowers businesses to develop and deploy applications that drive growth and streamline operations. As the demand for agile and efficient software solutions continues to grow, Mendix stands out as a transformative tool that empowers organizations to remain competitive in the dynamic landscape of modern business.

Jul 28
0

The Benefits of Digitizing the Insurance Customer Experience

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In the digital age, industries are transforming their traditional operations to keep up with evolving customer expectations. The insurance industry, traditionally known for its paper-based processes and complex procedures, is now embracing digital transformation to enhance the customer experience. By digitizing the insurance customer experience, insurers can streamline operations, improve efficiency, and provide a more personalized and convenient service. This essay explores the numerous benefits that arise from digitizing the insurance customer experience.

  1. Enhanced Accessibility: Digitization brings insurance services closer to customers than ever before. By leveraging digital platforms, insurers can offer self-service options that enable customers to access policies, submit claims, and manage their accounts conveniently. With 24/7 accessibility through websites and mobile apps, customers can obtain information, request assistance, and make transactions at their own convenience, eliminating the need for time-consuming physical visits or phone calls. This enhanced accessibility provides customers with greater control over their insurance needs, leading to improved satisfaction and loyalty.
  2. Streamlined Processes: Digital transformation allows insurers to streamline their processes, reducing paperwork and manual tasks. Online forms, electronic signatures, and automated underwriting processes eliminate the need for physical paperwork, making the application and policy issuance procedures faster and more efficient. Additionally, digitized claims management systems reduce the time and effort required for claims processing, leading to quicker resolutions for customers. Streamlining processes through digitization enhances operational efficiency, reduces administrative costs, and enables insurers to focus on delivering better customer service.
  3. Personalization and Targeted Offerings: Digitization enables insurers to gather and analyze vast amounts of customer data, facilitating personalized insurance offerings. By leveraging data analytics and artificial intelligence, insurers can gain insights into customer behavior, preferences, and risk profiles. This information empowers insurers to tailor insurance products and services to meet specific customer needs, leading to improved customer satisfaction and increased cross-selling or upselling opportunities. Furthermore, personalized digital communication and real-time notifications enable insurers to engage with customers proactively, providing relevant information and assistance when it matters most.
  4. Efficient Customer Support: Digitization offers new channels for customer support, making it easier for insurers to engage with their policyholders. Online chatbots, virtual assistants, and AI-powered customer service tools enable insurers to provide instant and accurate responses to customer inquiries, guiding them through various processes and addressing their concerns promptly. This efficient customer support helps improve customer satisfaction and loyalty by ensuring a seamless and hassle-free experience.
  5. Improved Risk Management: Digitization plays a vital role in improving risk management for insurers and policyholders alike. By leveraging technologies such as telematics, IoT devices, and data analytics, insurers can gather real-time information on risks, enabling them to develop more accurate underwriting models. This data-driven approach allows insurers to offer customized coverage, more accurately assess premiums, and reward customers for low-risk behavior. Moreover, digitization facilitates proactive risk mitigation through predictive modeling, helping policyholders take preventive measures and reduce potential losses.

The digitization of the insurance customer experience offers numerous benefits to insurers and policyholders alike. By embracing digital transformation, insurers can enhance accessibility, streamline processes, personalize offerings, provide efficient customer support, and improve risk management. As customers increasingly expect seamless digital experiences, insurers that invest in digitization will gain a competitive advantage by delivering superior service, fostering customer loyalty, and adapting to the changing demands of the modern insurance landscape. Ultimately, digitization opens up new possibilities for insurers to better meet customer expectations and build strong, lasting relationships in the digital era.

Jun 09
0

Things to Know about Low-Code for Financial Services

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In recent years, the financial services industry has witnessed a significant shift towards digital transformation. To keep up with the changing landscape and increasing customer expectations, financial institutions are exploring innovative ways to streamline their operations and deliver superior services. One such approach gaining prominence is low-code development. Low-code platforms enable organizations to build applications rapidly with minimal coding, empowering business users to participate in the development process. This essay explores the key aspects of low-code for financial services, highlighting its benefits, challenges, and potential applications.

  1. Accelerated Application Development: Low-code platforms provide financial institutions with a visual development environment and pre-built components that simplify the application development process. With drag-and-drop functionality and intuitive interfaces, business users, such as financial analysts or operations managers, can participate actively in developing applications. This acceleration in development time allows for faster deployment of new solutions, reducing time-to-market and enhancing operational efficiency.
  2. Increased Agility and Flexibility: The dynamic nature of the financial services industry requires organizations to respond quickly to market changes, regulatory requirements, and customer demands. Low-code platforms enable rapid prototyping and iterative development, facilitating agility and flexibility in adapting to evolving business needs. Financial institutions can easily make adjustments to their applications, add new features, or integrate with existing systems without extensive coding or disruptions to core operations.
  3. Enhanced Collaboration: Low-code development promotes collaboration between business users and IT teams. Traditionally, business requirements were communicated to developers through extensive documentation, leading to misunderstandings and delays. With low-code, business users can actively participate in the development process, working closely with IT professionals to build applications that align with their requirements. This collaboration bridges the gap between business and IT, fostering a shared understanding of goals and ensuring that the resulting applications meet the desired outcomes.
  4. Integration Capabilities: Financial institutions typically operate within complex IT ecosystems, relying on various legacy systems, databases, and third-party applications. Low-code platforms provide robust integration capabilities, allowing seamless connectivity with existing systems. This integration facilitates data sharing, automation of manual processes, and improves overall operational efficiency. Furthermore, low-code platforms often support industry-standard APIs, enabling financial institutions to connect with external partners and leverage emerging technologies like artificial intelligence or blockchain.
  5. Compliance and Security Considerations: The financial services industry is subject to stringent regulatory requirements, such as data privacy, security, and compliance with financial regulations. When adopting low-code platforms, organizations must ensure that these platforms comply with relevant industry standards and provide robust security measures. Data encryption, access controls, and auditing capabilities are vital features that financial institutions should assess to safeguard sensitive information and maintain regulatory compliance.

Challenges and Considerations: While low-code development offers numerous advantages, financial institutions should be aware of potential challenges and considerations:

a) Learning Curve: Training employees to utilize low-code platforms effectively may require an initial investment of time and resources.

b) Vendor Selection: Financial institutions must carefully evaluate low-code vendors based on their platform’s features, scalability, security, and track record.

c) Technical Debt: Rapid development can sometimes lead to suboptimal code quality and increased technical debt. Organizations must establish proper governance and best practices to mitigate these risks.

d) Application Lifecycle Management: Effective management of applications developed using low-code platforms requires processes and tools to support version control, testing, and deployment.

Low-code development has emerged as a powerful tool for financial institutions aiming to drive digital transformation. By empowering business users, accelerating application development, and promoting collaboration between business and IT, low-code platforms enable financial institutions to meet the growing demands of the industry. With careful consideration of challenges and adherence to compliance and security requirements, low-code development can revolutionize the financial services landscape, facilitating innovation, and delivering exceptional customer experiences.

May 19
0

Bridging the Gap Between IT and Business with Low-Code

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In today’s digital age, IT and business have become inseparable. However, these two departments often operate in silos, causing communication gaps and inefficiencies that slow down the organization’s growth. Bridging the gap between IT and business has become more important than ever, and low-code technology has emerged as a powerful solution to this challenge. This essay explores how low-code can bridge the gap between IT and business and its benefits.

Low-code development is a visual approach to software development that enables developers to create applications through a drag-and-drop interface instead of writing lines of code. Low-code technology empowers non-technical stakeholders, such as business analysts, to build applications without needing to know how to code. This democratizes the software development process, allowing business users to create applications that meet their specific needs, eliminating the need for IT departments to build everything from scratch.

Low-code technology bridges the gap between IT and business by providing a common language and visual interface that both departments can understand. With low-code, business users can create applications that meet their specific needs and IT teams can provide the necessary technical expertise to ensure that these applications meet the organization’s standards. This collaboration between IT and business allows for faster development and delivery of applications, reducing the time to market and increasing business agility.

Low-code technology also enables IT departments to focus on more strategic initiatives instead of spending their time on routine and repetitive tasks. With low-code, IT teams can quickly create application templates that can be easily customized by business users, freeing up IT resources to work on more complex projects that require technical expertise. This way, IT can focus on creating more value for the organization while business users can create applications that meet their specific needs without the IT team’s assistance.

Low-code technology has numerous benefits, including faster time to market, increased business agility, and better collaboration between IT and business. With low-code, organizations can quickly create and deliver applications that meet their specific needs, allowing them to stay competitive in an ever-changing market. Moreover, low-code technology can help organizations reduce costs, as it eliminates the need for IT departments to build everything from scratch.

In conclusion, bridging the gap between IT and business is essential for organizations that want to stay competitive in today’s digital age. Low-code technology provides a solution to this challenge by enabling business users to create applications that meet their specific needs without the need for IT departments to build everything from scratch. With low-code, IT and business can collaborate more effectively, resulting in faster time to market, increased business agility, and reduced costs. As a result, low-code technology is becoming increasingly popular among organizations that want to stay ahead of the competition and drive innovation.

Apr 19
0

How Low-Code Can Recession-Proof Your Business?

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The economic downturns that come with a recession can be tough on businesses. In such times, companies need to find ways to reduce costs, increase efficiency, and maintain productivity to stay afloat. One way to achieve these goals is by implementing low-code development. Low-code development can recession-proof your business by enabling rapid application development, faster time to market, and more efficient use of resources.

Low-code development is a method of software development that relies on visual modeling and configuration rather than traditional coding. With low-code platforms, businesses can develop and deploy applications faster and more efficiently than traditional software development methods. This approach can help companies cut down on costs, reduce the time required to develop applications, and improve the productivity of their development teams.

During a recession, businesses need to be agile and responsive to changing market conditions. Low-code development provides companies with the ability to quickly create and deploy new applications to meet evolving business needs. With low-code platforms, companies can develop applications in a fraction of the time it would take with traditional development methods, allowing them to respond quickly to market changes and maintain a competitive edge.

Furthermore, low-code platforms allow businesses to optimize their resources. Low-code development requires fewer development resources than traditional software development, allowing businesses to allocate their developers more efficiently. Additionally, low-code platforms enable citizen developers, or non-technical users, to build applications, freeing up IT teams to focus on more complex tasks. This allows businesses to get more done with fewer resources, reducing costs and improving overall efficiency.

In times of recession, many businesses are forced to cut back on their technology budgets. With low-code development, companies can continue to innovate while staying within their budgets. Low-code platforms have a lower total cost of ownership than traditional software development methods. The platforms require fewer developers and less time to develop and deploy applications, reducing costs and increasing ROI.

Low-code development is also beneficial for businesses that need to maintain legacy systems. As companies look to modernize their applications, low-code platforms offer a cost-effective and efficient solution. With low-code development, businesses can build new applications that integrate with existing systems, providing a modern user experience while maintaining the functionality of legacy systems.

In conclusion, low-code development can recession-proof your business by enabling rapid application development, faster time to market, and more efficient use of resources. During a recession, businesses need to be agile and responsive to changing market conditions. Low-code platforms provide companies with the ability to quickly create and deploy new applications to meet evolving business needs. With low-code development, businesses can optimize their resources and continue to innovate while staying within their budgets. By adopting low-code development, businesses can emerge from a recession stronger, more efficient, and more competitive.

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If you want to learn more about how low code can help you adopt a successful digital conversion strategy, you can contact BAYPM. However, if you are more interested in learning about the pros and cons of leading low code platforms, check out Gartner’s Magic Quadrant for Enterprise low code implementation platforms.

Mar 08
0

Navigating Low-Code Platform Project Fit

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Low-code platforms are gaining popularity in the software development industry as they allow developers to create software applications with minimal coding requirements. These platforms provide a visual interface that enables developers to drag and drop components to create applications, reducing the time and effort required to develop software applications. However, choosing the right low-code platform can be a challenging task for organizations. In this essay, we will discuss how to navigate low-code platform project fit.

The first step in navigating low-code platform project fit is to define the requirements of the project. This involves identifying the business needs, technical requirements, and user expectations. The requirements should be clearly defined and documented to ensure that the low-code platform can meet the project’s needs. The project requirements will determine the type of low-code platform that is required, such as a platform for web or mobile applications, or a platform that can integrate with other systems.

The second step is to evaluate the low-code platforms available in the market. This involves researching the features and capabilities of the platforms, such as the ease of use, scalability, security, integrations, and customization options. It is important to evaluate the platforms based on the requirements of the project, as not all platforms may be suitable for all projects.

The third step is to test the low-code platforms. This involves creating prototypes or proof-of-concepts using the low-code platforms to determine how well they meet the project requirements. Testing the platforms allows developers to identify any limitations or issues with the platform, such as the inability to integrate with other systems or limited customization options. Testing also provides an opportunity to evaluate the user interface and determine if it is user-friendly and intuitive.

The fourth step is to consider the cost of the low-code platform. This includes the licensing costs, implementation costs, and ongoing maintenance costs. It is important to evaluate the costs of the platform in relation to the benefits it provides, such as reduced development time and increased productivity. It is also important to consider the scalability of the platform and whether it can support future growth and expansion of the project.

The fifth step is to consider the support and training provided by the low-code platform vendor. This includes the availability of technical support, training resources, and community forums. The level of support and training provided can impact the success of the project, as it ensures that developers have the resources and assistance they need to use the platform effectively.

In conclusion, navigating low-code platform project fit requires a thorough understanding of the project requirements, evaluation of the available platforms, testing of the platforms, consideration of the cost and support provided by the vendor. By following these steps, organizations can choose the right low-code platform that meets their project requirements and delivers value to their business.

Apr 06
0

7 Benefits of Mobile App For Your Business

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Mobile apps are becoming increasingly popular among businesses and service providers. From e-commerce stores and payment banks to food delivery and healthcare, there is almost no industry where mobile applications have not proved their marketing value or established themselves fundamental for effective communication with target customers.
 

1. Availability: Be There For Your Customers Every Time

Nowadays, customer service is no longer just about face-to-face interaction. Especially with the rapid development of technology, there are now more than 2.6 billion users who own smartphones. We can call mobile apps a game-changer for industries. Do you know why?

Mobile apps are not likely to have mood swings and poor performance, unlike manpower customer service. With robust mobile software, you will provide users with the best way to choose. Users can decide whether they want to select your services.

Many businesses see mobile apps as a means of improving customer service. You are always ready for your customers. If a user finds out about your products or services in the middle of the night and wants to get information instantly, all they have to do is turn on their phone and download your mobile app.

Moreover, users do not have to wait for business hours to be able to even buy your product if they want to. Customer satisfaction should be one of your priorities, and therefore mobile apps are the answer to increasing customer satisfaction.

2. Marketing: Develop A Direct Marketing Channel

Of all the advantages of having a mobile app, one of the biggest is that it has all the information you want to give customers; booking forms, search features, user accounts, news feeds, it provides multiple functions such as. 

You can also get closer to direct communication with push notifications. In this way, it is possible to remind your customers how sensible it is to choose your services and products. Now users have all the information at their fingertips.

3. Priority: Give Value To Your Customers

Business is about responding. If you want to improve the interaction of users with your organization, you must give them a certain level of value. When you start doing that, they do not think about going anywhere else. The question now is how you can value your users. You can plan a loyalty program to enable them to participate in your services and products. Some organizations use their mobile apps to offer rewards to subscribers. This motivates users to buy their services or products. If you already have such a program, it is possible to integrate it into the mobile application.

4. Visibility: Build Your Brand and Recognition 

The mobile app can contribute to brand awareness. It would be better if we split this section into two different sections and the combination of both makes your mobile app a real winner. 

Sign: a mobile app is similar to an empty billboard sign. Whether you want to give it a stylish look or not, you can make it shocking, informative, or functional. But what you can not ignore is improving it with many features that your customers will love. Moreover, it must be brand-based and painstakingly designed.

Recognition: the more you focus on customer engagement, the sooner they are convinced to buy your services or products. ”Effective frequency” is very important in the advertising industry. Wait, you do not know what happened? In the simplest terms, enough frequency is to see or hear your brand about 20 times. This will give you real recognition.

5. Interaction: Enhance Your Customer Engagement 

Regardless of what you sell, users need a method to reach you. With a Help Desk feature, your app can change how you interact with your customers. 

For example, OpenTable built its overall business model around the same principle. Instead of looking for a cafe or restaurant for a table, it is possible to book with fewer than five clicks on its platform.

You must have noticed that most customers prefer to contact you by phone or text. This is because everyone is busy nowadays and with a mobile app you can give them a chance to do it.

6. Uniqueness: Offer Something Out-of-the-Box 

Technology has fascinated almost every part of our lives, and almost everyone has used mobile apps. However, despite the awareness, their development is still rare. Specifically, at the small business level.

Therefore, creating an app and presenting it to your customers can make your organization stand out. Make sure you build it correctly by following different application development strategies. Your competitors and users will certainly be surprised by your initiative and foresight.

7. Loyalty: Be True to Your Customers

Customer loyalty is the most important motivation to consider building your versatile application. With all the noise from Facebook promotions, roadside banners, announcements, flashing signs, daily paper ads, flyers, websites, site flags, coupons, and email marketing, you gradually lose your influence on customers. It is a great opportunity to come back by building a real and authentic relationship with your customers.

Also, try to make them a loyal fan of your product as well as your services. However, it can be a method of staying closer to your customers and constantly being just a “fingertip.”

To sum up; Why is it worth investing in mobile app development? In today’s competitive environment, people are using mobile devices to keep up with their favorite brands. They see it as a brand that allows potential customers to get all the information quickly. Whatever industry you’re dealing with, the advantages of having mobile apps for businesses are numerous, and investing in it is the best business deal. 

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Start creating brand awareness through mobile app development and better distribute your reach. Your investment in mobile apps will benefit you for a long time. Working with BAYPM to develop mobile business applications will also ensure application security, timely updates, and effective application management.

Mar 20
0

Gartner: Low-Code Use Will Skyrocket In 2021

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Covid has negatively affected our lives in many ways, psychological, social, and economic. However, there have been some issues that have led to a breakthrough in the direction of digitalization. For instance; the use of low-code software received a strong boost from the COVID pandemic. It helps companies accelerate digital transformation and change the way they interact with their customers. According to Gartner’s research, because of that, the use of the platform has skyrocketed.

And after the pandemic?

To understand the answer, we first need to understand why companies are turning to low-code during the pandemic. The ITProPortal article, explains how the pandemic revived the use of low-code development tools among software developers: ‘’Increasing pandemic spread has provoked the permanent changes to how the world works in which organizations have decided that they have no other choice but to rework their established practices and client services.

According to the article, low-code software solves those problems. It implies that low-code makes developers more efficient by reusing components. It yields, ’’In short, low code enables IT teams to use their time and skills more intelligently and efficiently, accelerating the delivery of new user experiences.”

Additionally, business experts and citizen developers can use low-code/no-code platforms to write apps themselves, letting IT focus on more complex applications and on improving infrastructure.

All this means that the use of low-code platforms will continue its stunning growth even after COVID. That’s why the RTInsights article, “Low Code Use Peaked During COVID, But Will it Stick?”

Even though this pandemic comes to an end, potential disruption of operations is always a possibility. Many companies realized that they were not ready to handle even small obstacles like this.

In terms of digital transformation, the article notes that it is as important as ever. Businesses still need to get applications built fast. They need to increase the IT staff productivity.

As a result, “as long as companies develop a governance system, leveraging the power of low-code solutions can provide the fastest amount of value and provide an integrated experience without the months-long coding sprint of past years. As businesses prepare for the future, these solutions have a big chance.”

In fact, the benefit of COVID here for new technologies is that it creates the need for a rapid digitization process. Companies and administrations have sought a way to go to digital as quickly as possible to avoid being harmed by the epidemic, and they have been able to provide this speed with low code solutions. According to articles, low-code software will continue to be used after COVID to avoid the risk of company downsizing again and for rapid digitization.

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In light of the research results, as BAYPM, we would love to help you with your Digital Transformation journey, give us a shout and we’ll be sure to assist you as best as we can. Currently, we are working on a project to digitize manual processes within different locations. The client opted for an incremental implementation approach based on geographical locations and the needs of their different factories.

Aug 22
0

Preparing for Digital Transformation: Implementing and Changing Processes to Suit the Digital World

Posted by | BAYPM, General | No Comments

In middle to large organisations, we know that it takes time to change and implement new processes, especially when you are so used to the current systems in place. The manufacturing industry was first revolutionised with the introduction of the assembly line by Henry Ford, reducing production time and increasing efficiency. Gearing for the implementation of Industry 4.0, current insights have shown various trends potentially impacting the manufacturing industry – especially with the emerging internet of things (IoT) and big data in the last decade, data collection processes and analysis can be done quicker to provide actionable insights for manufacturers to act on. Not only that, advanced robotics and machine learning provides opportunities to increase efficiency whilst lowering operating expenses.

Knowing that changes are coming our way, the question really is: what can companies do to prepare for Digital Transformation?

  1. Assess your digital capability and potential to support further initiatives

Research done by the people from MIT Sloan School of Management suggests that companies should assess their digital advantage position by first identifying their digital maturity on the basis of digital intensity and transformation management intensity. What this really means is that companies need to be honest and ask themselves “Do I have the resources to support new digital initiatives? Will the management allow me to use more resources? Are they willing to take on these initiatives?”

  1. Learn from others – be aware of the competition and industry trends

If your company is a little more risk averse, you will still need to be on the lookout for what your peers or competitors are doing. This will mitigate risks of losing out to the competition too late, and ensure that you are able to plan things ahead. Not only that, by being aware of trends and what the competition is doing, you will also be able to learn from them – both the good and the bad!

  1. Decide on implementation approach

Another big consideration to make is – do you introduce new systems gradually across all locations (assuming you’re in multiple locations) or departments? Or is your implementation on a larger scale? Here are also some other considerations to think of:

  1. Do you build new applications and technologies?
  2. Can you use your existing infrastructure and legacy systems to create new applications?
  3. Will the new application work with your existing system?
  4. Do we need new applications, or can you just upgrade the existing system?

The tips above are general guidelines based on BAYPM’s experience and observations with current and former clients. We would love to help you with your Digital Transformation journey, give us a shout and we’ll be sure to assist you as best as we can. Currently, we are working on a project to digitise manual processes within different locations. The client opted for an incremental implementation approach based on geographical locations, and the needs of their different factories.